Vale of Glamorgan average house prices

A RECENT analysis of data compiled by the Office of National Statistics has revelaed the most expensive area of the Vale to buy a house.

Peterston-Super-Ely takes the crown of having the most expensive house in the Vale on average.

The median house price for Peterston-Super-Ely for 2021 was £537,000.

This was far higher than any other Vale ward, with the closest being Llandow and Ewenny at £490,000 each and Plymouth at £489,975.

At the other end of the scale, house prices are far cheaper.

The cheapest place to buy a property is Castleland, which had a median house price of £145,500.

Court and Gibbonsdown were slightly pricier, with average values of £152,500 and £166,000 respectively.

The variety of prices could be down to a number of factors, though it is primarily down to the type of properties on offer.

However, this could soon change with demand growing for flats in city centres.

Grainne Gilmore, head of research at Zoopla, said: “The demand for larger detached homes during the pandemic has pushed average values for houses higher over the last year, while price growth for flats has lagged.

“But there are signs that demand for flats in city centres is gaining momentum, so we could see faster rising prices in this part of the market.”

More houses were sold in the Vale last year than in 2020, with 2,174 being sold in 2021 compared to 1,841.

St. Augustines saw the largest amount of properties sold, with 174 being bought in total – this accounts for eight per cent of the total amount of houses sold in the Vale in 2021.

Conversely, Llandough only saw 27 properties sold and was the quietest area of the Vale in regards to the property market.

Property sales in Wales increased by 23 per cent last year, though sales in the Vale only increased by 18.1 per cent.

However, individual wards saw a far bigger increase in sales compared to 2020.

Of the eight wards with at least 100 properties sold, Cadoc saw 41 per cent more properties sold in 2021 than in 2020, followed by St. Augustine’s (37 per cent) and Rhoose (31 per cent).

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